Imports by industry are sales of goods and services from industries located outside King Island Council area Plains boundaries to resident households, businesses and other organisations within the area. Imports (domestic) includes all imports from other parts of Australia to the Region.Imports (international) includes the value of all imports to the area from outside Australia.
To get the full picture how each industry sector contributes to the regional or state economy, import data should be viewed alongside the other industry characteristics in the Industry sector analysis section.
Detailed notes about how the figures are derived can be found in the specific topic notes section.
Data source
National Economics (NIEIR) - Modelled series
Current area:
Current benchmark:
Comparison year:
Import type:
| Total imports | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| King Island Council area | 2022/23 | 2017/18 | Change | ||||||
| Industry | $m | % | Tasmania | $m | % | Tasmania | 2017/18 - 2022/23 | ||
| Agriculture, Forestry and Fishing | 23.4 | 11.8 | 3.4 | 11.0 | 5.2 | 3.0 | +12.4 | ||
| Mining | 5.5 | 2.8 | 6.6 | 11.8 | 5.6 | 11.5 | -6.3 | ||
| Manufacturing | 48.1 | 24.4 | 28.8 | 58.7 | 27.6 | 29.0 | -10.6 | ||
| Electricity, Gas, Water and Waste Services | 2.8 | 1.4 | 2.8 | 4.9 | 2.3 | 2.7 | -2.2 | ||
| Construction | 0 | 0 | 0 | 0 | 0 | 0 | -- | ||
| Wholesale Trade | 9.9 | 5.0 | 3.9 | 12.9 | 6.1 | 4.1 | -3.0 | ||
| Retail Trade | 7.1 | 3.6 | 2.2 | 8.3 | 3.9 | 2.4 | -1.2 | ||
| Accommodation and Food Services | 9.6 | 4.9 | 4.5 | 13.1 | 6.1 | 5.6 | -3.4 | ||
| Transport, Postal and Warehousing | 8.3 | 4.2 | 6.4 | 10.0 | 4.7 | 5.4 | -1.7 | ||
| Information Media and Telecommunications | 6.8 | 3.5 | 3.2 | 7.0 | 3.3 | 3.2 | -0.1 | ||
| Financial and Insurance Services | 22.6 | 11.4 | 7.1 | 24.3 | 11.4 | 7.0 | -1.7 | ||
| Rental, Hiring and Real Estate Services | 1.9 | 1.0 | 0.9 | 2.5 | 1.2 | 1.3 | -0.6 | ||
| Professional, Scientific and Technical Services | 13.4 | 6.8 | 6.7 | 14.5 | 6.8 | 5.1 | -1.1 | ||
| Administrative and Support Services | 4.4 | 2.2 | 2.7 | 4.3 | 2.0 | 2.5 | +0.1 | ||
| Public Administration and Safety | 6.8 | 3.5 | 6.5 | 4.8 | 2.3 | 5.1 | +2.0 | ||
| Education and Training | 4.6 | 2.3 | 2.8 | 3.9 | 1.9 | 2.3 | +0.6 | ||
| Health Care and Social Assistance | 15.3 | 7.7 | 8.5 | 13.8 | 6.5 | 6.8 | +1.5 | ||
| Arts and Recreation Services | 1.5 | 0.8 | 0.9 | 1.6 | 0.7 | 1.1 | -0.1 | ||
| Other Services | 5.5 | 2.8 | 1.9 | 5.3 | 2.5 | 2.0 | +0.2 | ||
| Total industries | 197.5 | 100.0 | 100.0 | 212.5 | 100.0 | 100.0 | -15.0 | ||
Source: National Institute of Economic and Industry Research (NIEIR) ©2024. ©2023. Compiled and presented in economy.id by .id (informed decisions). Data are based on a 2020/21 price base for all years. NIEIR-ID data are inflation adjusted each year to allow direct comparison, and annual data releases adjust previous years’ figures to a new base year.Learn more Please refer to specific data notes for more information | |||||||||
Dominant groups
An analysis of the total imports by industry sectors in King Island Council area in 2022/23 shows the three largest industries were:
- Manufacturing ($48 million or 24.4%)
- Agriculture, Forestry and Fishing ($23 million or 11.8%)
- Financial and Insurance Services ($23 million or 11.4%)
In combination these three industries accounted for $94 million in total or 47.7% of the total imports by industry in the King Island Council area.
In comparison, the same 3 industries in Tasmania accounted for 28.8% in Manufacturing; 3.4% in Agriculture, Forestry and Fishing and 7.1% in Financial and Insurance Services.
The major differences between total imports by industries of King Island Council area and Tasmania were:
- A larger percentage of total imports by Agriculture, Forestry and Fishing (11.8% compared to 3.4%)
- A smaller percentage of total imports by Manufacturing (24.4% compared to 28.8%)
- A larger percentage of total imports by Financial and Insurance Services (11.4% compared to 7.1%)
- A smaller percentage of total imports by Mining (2.8% compared to 6.6%)
Emerging groups
The total total imports by industry in King Island Council area decreased by $-15 million between 2017/18 and 2022/23.
The largest changes in the total imports by industries between 2017/18 and 2022/23 in King Island Council area were for:
- Agriculture, Forestry and Fishing (+$12 million)
- Public Administration and Safety (+$2 million)
- Health Care and Social Assistance (+$2 million)
- Education and Training (+$1 million)